The acquisition provides Peerless with a portfolio of proprietary technologies to augment the company’s existing environmental offerings and support its international expansion. The company was identified as an attractive target through the acquisition planning process completed with Bulkley Capital, and the transaction was initiated and negotiated directly rather than as part of a competitive auction process.

Bulkley Capital has served as financial advisor to Peerless for more than seven years, architecting and executing a targeted growth strategy. Over that time, we have assisted in two successful acquisitions, including one that increased revenue by 50%; secured $80 million in senior and subordinated debt financing to support growth; and negotiated the sale of a non-core product line.